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SE Asia Stocks-Indonesia retreats as cabinet formation in focus  

BANGKOK, Oct 21 (Reuters) - Southeast Asian stock markets were rangebound on Tuesday, with Singapore eking out further gains amid selective buying in a reporting season while Indonesia retreated from a near three-week closing high as investors awaited cabinet formation. Singapore's Straits Times Index added 0.3 percent, building on the rise over the past two sessions. Shares of Keppel Corporation and Singapore Exchange rose ahead of a quarterly results expected later in the day....More
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Investor places BMW pref shares at 60 eur apiece -source  

FRANKFURT, Oct 21 (Reuters) - An investor has placed a package of BMW preference shares at 60 euros apiece, a source familiar with the matter said on Tuesday. BMW was not immediately available for comment. A trader had told Reuters that 3.33 million BMW preference shares had been placed by asset manager Bestinver Gestion. This is equivalent to a 6.13 percent stake of BMW's preference shares....More
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BRIEF-Polytec Holding says member of management board Alfred Kollros leaves company in mutual agreement  

Oct 21 (Reuters) - Polytec Holding AG * Says Alfred Kollros, member of management board of Polytec since 2006, leaves company in best mutual agreement * Says tasks of COO (Production and Purchasing) will be taken over by Markus Huemer, Deputy Chairman of Management Board Source text for Eikon: Further company coverage:...More
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UPDATE 1-Daimler eyes stake in MV Agusta - Sueddeutsche Zeitung  

* Daimler's AMG sportscar unit to buy Agusta stake -paper * Deal could be signed as early as next week -paper * Deal mirrors similar move by VW to buy Ducati (Adds further detail from newspaper report, Daimler declines to comment, industry background) FRANKFURT, Oct 21 (Reuters) - German car and truck maker Daimler is in advanced talks to take a 25 percent stake in Italian motorcycle manufacturer MV Agusta <IPO-MVAG.MI>, German daily Sueddeutsche Zeitung reported on Tuesday, citing financial sources in Milan....More
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Poland - Factors to Watch Oct 21  

Here are news stories, press reports and events to watch which may affect Poland's financial markets on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hours): GENERAL MOTORS General Motors unit Opel is to start assembling a new car model in its plant in the Polish city of Gliwice, which will boost its production by 30-40 percent, the head of General Motors Manufacturing Poland was quoted as saying by Rzeczpospolita daily. ALIOR...More
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GKN says on track for growth in 2014  

LONDON, Oct 21 (Reuters) - British engineering company GKN said it was on track for growth in 2014 after posting a 6 percent rise in third quarter profit, driven by strong performances in its aerospace and automotive units. GKN posted pretax profit of 139 million pounds in the three months ended Sept. 30, compared to the 131 million pounds it made in the year earlier period, putting it on track for growth in 2014 despite currency headwinds....More
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Italy - Factors to watch on October 21  

The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on . POLITICS Rome, Italian European Presidency, Sport ministers' informal meeting ends. ECONOMY...More
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As China gets tougher on fuel economy, some carmakers may be left behind  

By Samuel Shen and Norihiko Shirouzu SHANGHAI/BEIJING, Oct 21 (Reuters) - Chinese automakers from state-owned FAW Co to Zhejiang Geely are racing to sell more eco-friendly cars as they try to meet tough fuel economy rules due next year as part of Beijing's battle against pollution. But many of China's smaller indigenous automakers will struggle to make the costly upgrades needed to meet the new rules, which aim to push more efficient energy use and which are expected to be toughened every year through 2020....More
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TABLE-SPK -6-MTH group results  

Oct 21 (Reuters)- SPK Corp CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 6 months ended 6 months ended Year to Sep 30, 2014 Sep 30, 2013 Mar 31, 2015 LATEST YEAR-AGO LATEST RESULTS RESULTS FORECAST Sales 18.32 16.73 37.00 (+9.5 pct) (+2.3 pct) (+5.2 pct) Operating 730 mln 598 mln...More
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Daimler eyes 25 pct stake in MV Agusta - Sueddeutsche Zeitung  

FRANKFURT, Oct 21 (Reuters) - German car and truck maker Daimler is in advanced talks to take a 25 percent stake in Italian motorcycle manufacturer MV Agusta <IPO-MVAG.MI>, German daily Sueddeutsche Zeitung reported on Tuesday, citing financial sources in Milan. Daimler will buy a 25 percent stake in MV Agusta via its AMG performance unit for around 30 million euros ($38.56 million), with an option to raise its stake in exchange for further investments, Sueddeutsche Zeitung said....More
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